Jaiprakash Power Ventures Limited (BSE:532627) surged 10.33% to INR 8.33 after the company announced that its board will meet on 12 December 2022 to consider the proposal of divestment of Jaypee Nigrie Cement Grinding Unit. In an exchange filing, the company said that, a meeting of the board of directors was convened on 12 December 2022, to inform the board of the recommendations of the audit committee to consider the proposal of divestment of Jaypee Nigrie Cement Grinding Unit.